Key facts
- FTX users are beginning to receive funds.
- The FTX Recovery Trust launched a $900 million creditor payout.
- Total repayments to FTX creditors are estimated at $11 billion.
- Citadel reportedly acquired a large portion of Situational Awareness' public stock portfolio.
- The stock acquisition followed an AI-driven market sell-off.
- Coinkite warned Coldcard Mk3 users about a potential vulnerability.
- Coldcard Mk3 users are advised to migrate their funds.
FTX users are now receiving funds as the FTX Recovery Trust has launched a new creditor payout totaling $900 million. This latest distribution contributes to an estimated $11 billion in total repayments to creditors. The recovery process for FTX users has been ongoing, with this payout representing a significant step in returning assets to those affected by the cryptocurrency exchange's collapse.